Lansdowne, Peterborough - July 2026 Real Estate Report

Lansdowne, Peterborough: What Your Neighbours Are Not Telling You About Home Values Right Now

The Vibe on the Ground

If you live in Lansdowne and you have been quietly wondering whether your home is holding its value, the honest answer is: it depends on what you own. Houses and condos are telling two very different stories right now, and knowing which one applies to you could change what you do next.

Houses - Taking a Breather

Let us be straight with you. The house market in Lansdowne is cooling off a little. The average HonestDoor Price sits at $658,646, down 4.03% from the previous period. The predicted market value is $686,274, and that number is drifting downward - it is sitting below the 3-month moving average of $690,349. We are not talking about a freefall, but the momentum has shifted.

On the neighbourhood leaderboard, Lansdowne houses rank 19 out of 25 for growth among comparable Peterborough neighbourhoods. That puts us in below-average territory. Worth knowing before you price anything.

The silver lining? If you own a house here and you are thinking like an investor, the rental picture is genuinely strong. Estimated rent comes in at $3,224 per month with a rental yield of 5.29%. That is a number worth paying attention to.

• Average HonestDoor Price: $658,646
• Recent price change: -4.03%
• Predicted market value: $686,274
• 3-month moving average: $690,349
• Estimated monthly rent: $3,224
• Rental yield: 5.29%
• Airbnb estimate: $155 per night
• Growth rank: 19 out of 25 in Peterborough

Condos - A Different Story

Condo owners in Lansdowne, this one is for you - and it is actually good news. The average HonestDoor Price for condos is $667,269, up 4.75% from the previous period. The predicted market value is $637,021 and it is climbing, sitting above the 3-month moving average of $629,557. Values have moved up 1.92% recently. That is positive momentum.

On the leaderboard, condos rank 14 out of 22 for growth in Peterborough. Still below average, but the direction of travel is better than the house side of things. And compared to nearby neighbourhoods - Major Bennett, Greenhill, and Sir Sandford Fleming - Lansdowne condos are actually priced higher across the board. We are not the cheapest option on the block.

Rental yield for condos comes in at 3.57%, which is moderate. Not as punchy as houses, but steady. Airbnb sits at $159 per night, ranking 5th in Peterborough - that is a top-tier short-term rental position.

• Average HonestDoor Price: $667,269
• Recent price change: +4.75%
• Predicted market value: $637,021
• 3-month moving average: $629,557
• Estimated monthly rent: $3,085
• Rental yield: 3.57%
• Airbnb estimate: $159 per night
• Airbnb rank in Peterborough: 5th
• Growth rank: 14 out of 22 in Peterborough

The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Tax Assessment

Here is the thing about your city assessment: it is a snapshot from the past. By the time it lands in your mailbox, the market has already moved. In a neighbourhood like Lansdowne where house values have dipped 4% but condo values have climbed nearly 5%, a static government number can either make you undervalue what you own or give you false confidence when selling.

The HonestDoor Price is updated in real time. It reflects what is actually happening on the street right now - not what happened 12 or 18 months ago when the city last looked. If your tax assessment says one thing and your HonestDoor Price says another, trust the one that uses current data. That difference could be thousands of dollars in your pocket, or thousands you leave on the table.

Check your HonestDoor Price before you do anything else. It takes two minutes and it is the real-world number you need.

The So What - Thinking About Selling This Summer?

If you own a house in Lansdowne and you are thinking about listing this summer, the window is not closed - but you want to move with clear eyes. Values are drifting down slightly and the growth rank puts us in the lower half of the city. Pricing sharp and presenting well matters more right now than it did a year ago. Do not rely on what your neighbour got in 2023.

If you own a condo, your timing is actually better. Values are trending up, momentum is positive, and you are sitting above nearby neighbourhoods on price. A well-priced condo in Lansdowne this summer has a real story to tell buyers.

Either way, the first step is the same. Pull your HonestDoor Price, compare it to your last assessment, and know the gap before you call an agent. That number is your starting point for every conversation that follows.

This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.